What Is Bitcoin? How It Works, Pros & Cons

Welcome back to Street Smart Finance, where we break down complex money moves into street-ready strategies. In this video, we answer the question: What is Bitcoin, and how does it work? You’ll get the full breakdown—from its mysterious origin to the nuts and bolts of blockchain, plus the real pros and cons you need to know before buying your first satoshi.
What You’ll Learn
• The story behind Bitcoin’s creation by “Satoshi Nakamoto”
• How blockchain technology keeps every transaction secure and transparent
• The mining process and why it matters for issuing new coins
• Key advantages: security, financial freedom, and scarcity
• Major drawbacks: price volatility, energy consumption, and regulatory risks

👍 If you found this video helpful, hit Like, subscribe, and ring the bell so you never miss a Street Smart Finance drop. Drop a comment: what surprised you most about Bitcoin?

👕 Wear Your Mindset Check out our merch store Street Smart Investor—designed for legacy builders, financial rebels, and underdog investors → Street Smart Investor on Zazzle
Subscribe for More
• Weekly videos on:
• Budget investing strategies
• Financial literacy for low-income earners
• Crypto, side hustles, and community wealth
• Motivation for the underdog investor
#StreetSmartFinance #FinancialLiteracy #LegacyBuilders #streetsmartinvestor #CryptoOnABudget #CryptoHacks #DollarCostAveraging #Defi #Bitcoin #Blockchain #CryptoBasics #StreetSmartFinance #FinancialLiteracy #CryptoExplained

Listen to Street Finance on Spotify for Creators https://open.spotify.com/show/2TE5f9DHAyCyxXypjPknvE?si=R32po0yiS1iQslTyOI2dIQ

Merch Store: https://www.zazzle.com/store/streetsmartinvestor

Sign up for Robinhood with my link and we'll both pick our own gift stock 🎁 https://join.robinhood.com/claudiw47

I use Glint to buy gold and silver—and you can too. Join using my referral code and order your Glint card, and we’ll both receive $10 in gold. It’s simple:

How to Get Started: 1️⃣ Download the Glint Pay app 2️⃣ Register and enter my referral code: Z8Z6G4-10G 3️⃣ Buy gold and order your Glint card 4️⃣ We both earn $10 in gold

🔗 Download the app and get started: https://glintpay.com/referafriend

Tap into private market investing with Fundrise. Use my referral link to join and explore opportunities in real estate, private credit, and venture capital—without needing millions to get started. When you sign up, we could both earn up to $100 in bonus shares. 👉 https://fundrise.com/a?i=7exzq5 Terms apply. See link for full details.

Street Smart Finance Video Disclaimer
Disclaimer: The content provided in this video is for educational and informational purposes only. It is not intended as financial, investment, legal, or tax advice. The strategies, opinions, and examples shared reflect personal experience and general knowledge, and may not be suitable for your individual situation.

Always consult with a licensed financial advisor, tax professional, or legal expert before making any financial decisions. Results may vary based on market conditions, personal discipline, and other factors beyond our control.

Street Smart Finance™ and Street Smart Investor™ are movement-driven platforms focused on financial literacy and empowerment. We do not guarantee specific outcomes and are not responsible for any actions taken based on this content.

By watching this video, you acknowledge and accept full responsibility for your financial choices. Stay smart, stay strategic, and always do your own research.